The Automotive Electronic Control Unit (ECU) market was valued US$ 31.1 Bn in 2020, and would grow by more than 6.4% CAGR.
Automotive ECU are integrated embedded system in automotive electronics which helps to regulate multiple electrical systems in vehicles. It manages a wide range of functions such as keyless entry, power and engine steering control, power windows, Heating, Ventilation, and Air Conditioning (HVAC), and many more. It also controls passive and active safety features like automatic emergency braking system and airbags.
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According to latest research, Automotive ECU market is set to witness significant growth during 2021-2031. The market will show significant growth in coming years, owing to rising adoption of autonomous driving technology such as Automatic Emergency Braking (AEB), Adaptive Cruise Control (ACC), park assist, blind-spot detection, and Lane Departure Warning (LSW) systems.
Asia Pacific Automotive ECU Market Outlook
Asia Pacific is anticipated to largest and fastest-growing region in the automotive ECU market over the forecasted period. The Asia Pacific shows significant growth in Automotive ECU market owing to rising demand of communication applications and in-vehicle infotainment in passenger vehicles.
China is the world’s second-largest economy behind the United States. China is one of the prominent economy in automotive ECU market owing to increasing demand of the country’s automotive industry, ultimately creates the demand for automotive ECU market in APAC region.
Increasing disposable income of the people as well as increasing population in Asia Pacific region propels the demand for the automotive ECU market in APAC region. Also factors such as increasing purchasing power of the people, rising demand for
What is Driving Demand for Automotive ECU Market?
Increasing consumer preference for self-driving cars, vehicle-to-vehicle communication technology, and fuel-efficient Electric Vehicles (EVs) and it is expected to fuel the demand for the automotive ECU market. Also rising adoption of autonomous driving technology such as Automatic Emergency Braking (AEB), Adaptive Cruise Control (ACC), park assist, blind-spot detection, and Lane Departure Warning (LSW) systems augments the demand for the automotive ECU market.
Who are the Major Vendors of Automotive ECU Market?
Some of the leading vendors and companies of Automotive ECU market include
- Robert Bosch GmbH
- Aptiv
- Continental AG
- Autoliv
- ZF Friedrichshafen AG,
- Mitsubishi Electric
- Denso Corporation
- Delphi Technologies among others.
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Automotive ECU Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Key Segments
By Application:
- ADAS & Safety System
- Body Control & Comfort System
- Infotainment & Communication System
- Powertrain System
By ECU Capacity:
- 16-bit ECU
- 32-bit ECU
- 64-bit ECU
By Propulsion Type:
- BEVs
- Hybrid Vehicles
- ICE Vehicles
By Level of Autonomous Driving:
- Autonomous Vehicles
- Conventional Vehicles
- Semi-Autonomous Vehicles
By Vehicle Type:
- Light-Duty Vehicles
- Heavy Commercial Vehicles
- Construction & Mining Equipment
- Agricultural Tractors
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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